风险投资协议(英文版).doc
- 文档编号:1562871
- 上传时间:2022-10-23
- 格式:DOC
- 页数:15
- 大小:108.50KB
风险投资协议(英文版).doc
《风险投资协议(英文版).doc》由会员分享,可在线阅读,更多相关《风险投资协议(英文版).doc(15页珍藏版)》请在冰豆网上搜索。
TERMSHEET
PRELIMINARYNOTES
THISTERMSHEETMAPSTOTHENVCAMODELDOCUMENTS,ANDFORCONVENIENCETHEPROVISIONSAREGROUPEDACCORDINGTOTHEPARTICULARMODELDOCUMENTINWHICHTHEYMAYBEFOUND.ALTHOUGHTHISTERMSHEETISPERHAPSSOMEWHATLONGERTHANA"TYPICAL"VCTERMSHEET,THEAIMISTOPROVIDEALEVELOFDETAILTHATMAKESTHETERMSHEETUSEFULASBOTHAROADMAPFORTHEDOCUMENTDRAFTERSANDASAREFERENCESOURCEFORTHEBUSINESSPEOPLETOQUICKLYFINDDEALTERMSWITHOUTTHENECESSITYOFHAVINGTOCONSULTTHELEGALDOCUMENTS(ASSUMINGOFCOURSETHEREHAVEBEENNOCHANGESTOTHEMATERIALDEALTERMSPRIORTOEXECUTIONOFTHEFINALDOCUMENTS).
TERMSHEET
FORSERIESAPREFERREDSTOCKFINANCINGOF
[INSERTCOMPANYNAME],INC.
[ __,200_]
ThisTermSheetsummarizestheprincipaltermsoftheSeriesAPreferredStockFinancingof[___________],Inc.,a[Delaware]corporation(the“Company”).InconsiderationofthetimeandexpensedevotedandtobedevotedbytheInvestorswithrespecttothisinvestment,theNoShop/ConfidentialityandCounselandExpensesprovisionsofthisTermSheetshallbebindingobligationsoftheCompanywhetherornotthefinancingisconsummated.Nootherlegallybindingobligationswillbecreateduntildefinitiveagreementsareexecutedanddeliveredbyallparties.ThisTermSheetisnotacommitmenttoinvest,andisconditionedonthecompletionofduediligence,legalreviewanddocumentationthatissatisfactorytotheInvestors.ThisTermSheetshallbegovernedinallrespectsbythelawsofthe[StateofDelaware].
OfferingTerms
ClosingDate:
AssoonaspracticablefollowingtheCompany’sacceptanceofthisTermSheetandsatisfactionoftheConditionstoClosing(the“Closing”).[provideformultipleclosingsifapplicable]
Investors:
InvestorNo.1:
[_______]shares([__]%),$[_________]
InvestorNo.2:
[_______]shares([__]%),$[_________]
[aswellotherinvestorsmutuallyagreeduponbyInvestorsandtheCompany]
AmountRaised:
$[________],[including$[________]fromtheconversionofprincipal[andinterest]onbridgenotes]. ModifythisprovisiontoaccountforstagedinvestmentsorinvestmentsdependentontheachievementofmilestonesbytheCompany.
PricePerShare:
$[________]pershare(basedonthecapitalizationoftheCompanysetforthbelow)(the“OriginalPurchasePrice”).
Pre-MoneyValuation:
TheOriginalPurchasePriceisbaseduponafully-dilutedpre-moneyvaluationof$[_____]andafullydilutedpost-moneyvaluationof$[______](includinganemployeepoolrepresenting[__]%ofthefullydilutedpost-moneycapitalization).
Capitalization:
TheCompany’scapitalstructurebeforeandaftertheClosingissetforthbelow:
Pre-Financing
Post-Financing
Security
#ofShares
%
#ofShares
%
Common–Founders
Common–EmployeeStockPool
Issued
Unissued
[Common–Warrants]
SeriesAPreferred
Total
CHARTER TheCharterisapublicdocument,filedwiththe[Delaware]SecretaryofState,thatestablishesalloftherights,preferences,privilegesandrestrictionsofthePreferredStock.NotethatifthePreferredStockdoesnothaverights,preferences,andprivilegesmateriallysuperiortotheCommonStock,then(afterClosing)theCompanycannotdefensiblygrantCommonStockoptionspricedatadiscounttothePreferredStock.
Dividends:
[Alternative1:
DividendswillbepaidontheSeriesAPreferredonanasconvertedbasiswhen,as,andifpaidontheCommonStock]
[Alternative2:
Non-cumulativedividendswillbepaidontheSeriesAPreferredinanamountequalto$[_____]pershareofSeriesAPreferredwhenandifdeclaredbytheBoard.]
[Alternative3:
TheSeriesAPreferredwillcarryanannual[__]%cumulativedividend[compoundedannually],payableuponaliquidationorredemption.Foranyotherdividendsordistributions,participationwithCommonStockonanas-convertedbasis.] Insomecases,accruedandunpaiddividendsarepayableonconversionaswellasuponaliquidationevent.Mosttypically,however,dividendsarenotpaidifthepreferredisconverted.AnotheralternativeistogivetheCompanytheoptiontopayaccruedandunpaiddividendsincashorincommonsharesvaluedatfairmarketvalue.Thelatterarereferredtoas“PIK”(payment-in-kind)dividends.
LiquidationPreference:
Intheeventofanyliquidation,dissolutionorwindingupoftheCompany,theproceedsshallbepaidasfollows:
[Alternative1(non-participatingPreferredStock):
Firstpay[one]timestheOriginalPurchasePrice[plusaccrueddividends][plusdeclaredandunpaiddividends]oneachshareofSeries APreferred.ThebalanceofanyproceedsshallbedistributedtoholdersofCommonStock.]
[Alternative2(fullparticipatingPreferredStock):
Firstpay[one]timestheOrigin
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 风险投资 协议 英文